Silicon Alley Insider


 

Tesla's dismal results are highlighting the divide between die-hard bulls and doomsday bears (TSLA)

Tesla shares fell modestly on Thursday after the electric-car maker reported first-quarter results on Wednesday evening that fell short of analysts' expectations. Wall Street analysts' commentary in the wake of the quarterly results laid bare the stark divide between Tesla bulls and bears. Markets Insider has rounded up a selection of what some analysts, both bullish and bearish, are saying about Tesla's earnings and where the stock goes from here. Watch Tesla trade live. Tesla missed the ma...


How to easily delete all of your emails on an iPhone

The iPhone's Mail app is convenient and simple to use, but there's no "select all" button that allows you to delete all your email at once. There is a workaround to select all your email on an iPhone — while in Edit mode, select a message, hold the move button, and then unselect the email. After this, you can move them to the trash. If you store email in several folders, you can repeat this process for every folder you want to empty to delete all of your emails in the app. Visit Business Ins...


The best things about 'Mortal Kombat 11,' the brutal but beautiful new addition to the iconic fighting game franchise

"Mortal Kombat 11" is out now on Xbox One, PlayStation 4, Nintendo Switch, and PC. The blockbuster fighting game features 25 playable characters, stunning visuals, loads of playable modes, and more of the over-the-top violence the series is known for. "Mortal Kombat 11" completely reworks the series' battle mechanics, but stays true to the long legacy of "Mortal Kombat" games. Visit Business Insider's homepage for more stories. Since the series launched in 1992, "Mortal Kombat" has been syn...


Lawyer for JD.com billionaire accused of rape argues that leaked footage undermines his accuser because it shows she wasn't that drunk (JD)

A college student is accusing Richard Liu, the billionaire CEO and founder of China's JD.com, of rape. Liu Jingyao said the tech CEO forced her to drink at a group dinner and later raped her in her apartment, and is suing him in Minnesota after local prosecutors declined to pursue the case. Security footage of the pair at dinner and walking together in her apartment block leaked earlier this week, and both sides' lawyers say they corroborate their version of events. Richard Liu's lawyer issued...


You can now preorder Samsung's $1,300 Galaxy S10 5G from Verizon, and the carrier is soon rolling out 5G to 20 more cities

Verizon opened preorders on Thursday for the Samsung Galaxy S10 5G smartphone that can connect to the carrier's 5G network.  Verizon currently has its 5G network activated in two cities, and the carrier also announced 20 more cities where its 5G network will be activated, but the carrier didn't say when.  It should be noted that only "select parts" of each city will have Verizon's 5G network coverage. 5G smartphones will automatically switch to Verizon's 4G LTE network when they travel out of ...


There's a new 'Mario Kart' game coming to smartphones this summer, and Android users will be able to try it first for free

"Mario Kart Tour" will be the first Mario Kart game to hit mobile devices later this summer. Nintendo is now letting Android users sign up for a closed beta test; the beta will run from May 22 to June 4. "Mario Kart 8 Deluxe" is the best-selling Nintendo Switch game with more than 16 million copies sold. Visit Business Insider's homepage for more stories. Mario Kart fans will soon be able to play the game on their smartphones: "Mario Kart Tour" is coming to mobile devices later this summer. A...


The World Health Organization just released screen-time guidelines for kids. Here's how some of the world's most successful CEOs limit it at home

Kids under 5 shouldn't use screens for more than an hour a day, according to the World Health Organization's first-ever guidance on tech use among children. Many CEOs already raise their children with limited technology. Some of them include tech titans that helped invent social media or devices that kids use. Visit Business Insider's homepage for more stories. Letting toddlers use screens can be detrimental to their health, according to the first-ever guidance on tech use among children. The...


Nintendo Switch sales are so strong that Nintendo isn't feeling the pressure to release a new version of the console anytime soon (NTDOY)

Nintendo's Switch console continues to be a huge seller. Nearly 35 million Switch consoles have been sold in the last two years — nearly triple the lifetime sales of Nintendo's previous console, the Wii U — the Japanese gaming giant announced on Thursday. Nintendo also shot down rumors of a new Nintendo Switch coming this June. "We have no plans to announce that at this year's E3 in June," said Nintendo president Shuntaro Furukawa. Visit Business Insider's homepage for more stories. Nintendo'...


After watching over 100 TED talks, these insights have stuck with me the most

I attended the TED conference in Vancouver, Canada, where attendees pay $10,000 to learn the next big ideas.  The theme this year, "Bigger Than Us," encouraged speakers to present solutions to the world's greatest challenges. After watching more than 100 talks, I've landed on 13 key insights that we'll be mulling over for years to come. Visit Business Insider's homepage for more stories. While attending the TED conference in Vancouver, Canada, I resolved not to skip a single talk for fe...


Tesla posted one of its worst quarters in years, but one analyst says there's still a way Elon Musk can get the company back on track (TSLA)

Tesla missed analyst estimates for first-quarter results on Wednesday.  Some Wall Street analysts have downgraded the stock or cutting their price targets.  Others, like Chris Eberle of Nomura Instinet, are remaining optimistic. There's still a visible path to recovery after Tesla's dismal first-quarter earnings report, according to one Wall Street analyst. While the disappointing financials led to some downgrades and price target reductions, Nomura's Chris Eberle remains bullish. "Management...


A vocal Tesla bull says he can no longer 'look investors in the eye' and recommend the stock (TSLA)

Tesla's latest quarterly earnings caused one noted Tesla bull to change his tune on the stock. Daniel Ives, an analyst at Wedbush, downgraded shares to "neutral" and lowered his price target by a hefty $90. Tesla's first-quarter sales and profits results failed to meet Wall Street's expectations on Wednesday. Watch Tesla trade live. Tesla has long divided Wall Street, sparking heated arguments from ardent bulls and bears, and on Thursday it drove one of its most visible supporters to change ...


Something interesting happened when Bill Gates started driving his daughter to school

Melinda Gates, philanthropist and one of the world's most powerful women, recently sat down with Business Insider US Editor-in-Chief Alyson Shontell to discuss her philanthropy, career, marriage, and new book: "The Moment of Lift." Gates shared what happened when her husband, Bill Gates, started dropping his daughter off at school while he was still Microsoft's CEO. Other moms noticed and made their husbands begin dropping off their kids too. Melinda realized she and Bill, in the pursuit of a ...


Snap's New Guard: Meet the 26 new power players who help CEO Evan Spiegel run Snap Inc. (SNAP)

Snap has weathered a revolving door of executives in the past two years. A new guard has now been put in place. From Chief Business Officer Jeremi Gorman, to Chief Strategy Officer Jared Grusd, below is the who's who of Snap's new leadership team. Visit Business Insider's homepage for more stories. Snap has had a bumpy ride as a public company, weathering blowback from a botched redesign, increased competition, a plateauing user base, and a revolving door of executives in the past two years....


The explosively popular game 'Apex Legends' is struggling with its explosive popularity

The excellent new Battle Royale game "Apex Legends" is the biggest game of 2019 so far. It attracted over 50 million players in its first month of availability. The game has been available for nearly three months at this point, and it's still excellent — but it's losing momentum as major video game streamers move on to other games, including "Fortnite." The CEO of the studio behind "Apex Legends," Respawn Entertainment, chalked up recent issues to the difficulties of handling success on such a...


A Silicon Valley VC in the hottest area of healthcare explains what's driving a surge in interest for mental health startups

Researchers at Rock Health, a Silicon Valley-based venture capital firm dedicated to the hottest area of healthcare — digital health — say interest in mental health startups is starting to pick up.  The VC fund has backed dozens of digital health startups including Omada, which helps people fight heart disease and diabetes using virtual coaching, and Marigold, a platform that links people with addiction to text-based peer support. In a new report, the firm's researchers explore how and why the...


The world's biggest game is teaming up with Marvel's Avengers once again in a new event available right now (DIS)

Alongside the launch of the new "Avengers: Endgame" movie on April 26, "Fortnite" is once again collaborating with Marvel. A new mode was teased by "Fortnite" creator Epic Games on Twitter, which features a "Fortnite" character holding Captain America's iconic shield. The new limited time mode, known as "Fortnite Endgame," has players fighting Thanos and his army using iconic weapons from various "Avengers" heroes — Thor's hammer and Captain America's shield, among others. It's available now! ...


We can see what it looks like when Facebook and Snapchat stop growing

Facebook and Snap have seen user growth rates in the US stall in recent years.  Analysts say that Snap has hit a ceiling – it now reaches 90% of all 13-24 year-olds in the US. Facebook's daily and month active user growth rates have stalled in its most important markets – Europe, US, and Canada. It's a glimpse into what it looks like when Facebook and Snapchat stop growing. Visit Business Insider's homepage for more stories. On the surface, Snap and Facebook's earnings this week were ...


The CEO of dog-walking app Rover explains how expanding into cat care will help it reach $400 million in revenue this year

On Thursday, the dog-walking app Rover announced that it's moving to serve pets of a more feline persuasion with a new line of services for cats.  Rover CEO Aaron Easterly told Business Insider the cat-focused beta test generated nearly $4 million in revenue over three months. Rover's dog services took nearly 2 years to reach the same revenue figure, he says.  One in four US homeowners is a cat owner, and Easterly says the expansion will help Rover exceed $400 million in revenue for 2019. The ...


How IoT figures into Samsung's $116 billion chip play

This is an excerpt from a story delivered exclusively to Business Insider Intelligence IoT Briefing subscribers. To receive the full story plus other insights each morning, click here. South Korean technology and electronics giant Samsung detailed plans to spend around $116 billion through 2030 to ramp up its role in the semiconductor space,  reports  Bloomberg. The company is already the market leader in memory chips, which are a necessary supporting component for any computing ...


Facebook is looking down the barrel of a $2.2 billion fine for harvesting 1.5 million users' email contacts without consent

Europe's default privacy regulator for Facebook will investigate whether Facebook broke the law after the social network hoovered up more than one million user email contacts without their consent. Ireland's data protection watchdog said on Thursday it will open a 'statutory inquiry' into whether Facebook broke Europe's strict privacy laws, the GDPR. Business Insider was first to report the news of the data harvesting in April.   Facebook has said the move was "unintentional" and that it is de...
Tags: DPC


Facebook is looking down the barrel of a $2.2 billion fine for storing millions of passwords insecurely

Europe's default privacy regulator for Facebook will investigate whether Facebook broke the law after the social media company admitting to storing millions of passwords in plain text. Ireland's data protection watchdog said on Thursday it will open a 'statutory inquiry' into whether Facebook broke Europe's strict privacy laws, the GDPR. Facebook said it stored people's passwords insecurely thanks to a bug in its systems. Visit BusinessInsider.com for more stories. Facebook is facing a multi-...
Tags: DPC


Sales of Facebook's Oculus VR headsets and Portal smart speaker are tanking

Facebook's Q1 2019 financials show that sales of its smart speaker Portal and its Oculus virtual reality hardware fell year-on-year. The sales decline was particularly drastic from the holiday quarter, when more people bought the smart speaker and the headset for Christmas. Facebook doesn't sound like it is abandoning its hardware plays, but the declining sales figures show it's hard for the company to come up with new ways of making money.  Visit Business Insider's homepage for more stories. ...


How to download files on an iPad to specific apps

Unlike a Mac computer or PC, there is no specific file storage system for downloads on an iPad. As you download a file onto your iPad, you need to specify where the file will go and note that location if you want to be able to retrieve it later. Using a cloud storage app like Google Drive or Dropbox is the best way to store all of your file downloads in one place on an iPad. Visit Business Insider's homepage for more stories. Finding a file downloaded onto a computer couldn't be much easie...


Mark Zuckerberg says Facebook's future involves making billions from shopping, not just ads

Facebook CEO Mark Zuckerberg said Wednesday that its shopping and payment services across Facebook, Instagram, and WhatsApp would become leading revenue drivers in the future. The company plans to build more commerce-related features and add additional tools that allow people to buy products directly through its platforms. It also plans to expand the ways in which customers can pay businesses via its messaging apps. Facebook is betting on its shopping and payment services to drive growth in ...


A feature Facebook stole directly from Snapchat now has more than twice as many users as Snapchat (SNAP, FB)

Facebook Stories has accrued over 500 million daily active users, COO Sheryl Sandberg revealed during the company's earnings call on Wednesday. Facebook launched Stories, which many viewed as a copy of Snapchat's story function, two years ago. Mark Zuckerberg said that Instagram and WhatsApp also command more than 500 million Stories users each. Visit Business Insider's homepage for more stories. Facebook Stories, whose striking resemblance to Snapchat stories raised eyebrows when it was laun...


Mark Zuckerberg says Facebook will spend the next 5 years carving its business in two

Facebook published its financials for the first three months of the year on Wednesday. During an earnings call with analysts, Mark Zuckerberg responded to a question about his plans to carve up Facebook in two — a public "townhall" and a more private, encrypted service. Zuckerberg said it would take the company five years or longer to split its business. Visit Business Insider's homepage for more stories. Mark Zuckerberg gave a few more details on his plan to split Facebook in two during the ...


10 things in tech you need to know today

Good morning! This is the tech news you need to know this Thursday. Facebook said it's expecting to pay a fine of between $3 billion to $5 billion to the FTC. News of the fine came out in the company's earnings report, filed on Wednesday. Tesla reported an abysmal Q1 with the Model S and Model X falling off a cliff. CEO Elon Musk said that's not due to cannibalization from the newer, cheaper Model 3. Elon Musk said Tesla will begin offering its own insurance to customers next month. Tesla owne...


The $5 billion fine Facebook expects to pay the FTC is a joke — on all of us (FB)

The $3 billion to $5 billion fine Facebook expects to pay to settle a Federal Trade Commission inquiry sounds big, but for the company, it really isn't. As part of its earnings report Wednesday, Facebook announced it was setting aside $3 billion to pay the potential fine, although it noted that a deal with the agency isn't yet done. Facebook has $45 billion in cash and securities on hand and generates $5 billion in cash each quarter, even after investments in property and equipment, so it can ...


Serena Williams opens up about being the CEO of her tennis team and her daughter Olympia — her 'greatest success by far'

At the Slack Frontiers conference, tennis star Serena Williams spoke about being a member and leading the various teams she's on — in tennis, in venture capital, in tech, and in fashion. Williams also spoke about spending time with her daughter Olympia, who was born last September. Williams just launched Serena Ventures, a VC firm for investing in women, people of color, and young entrepreneurs. Visit Business Insider's homepage for more stories. When Serena Williams first started playing te...


Slack could publicly file its S-1 this week in a major step toward an IPO

Slack could publicly file for its long-awaited IPO as soon as Friday, Business Insider has confirmed.  The timing of Slack's upcoming S-1, which was first reported by , puts the company on track to go public in May or June. Slack, which was last privately valued at $7 billion, is expected to IPO using a direct listing — an unconventional method in which shareholders sell their stakes directly to the public. Workplace chat app Slack is expected to publicly file the S-1 paperwork for its long-...